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LEX RUSSICA (Russian Law)
Reference:
Gruber, Joachim
Provisions on cross default
of loan obligations
// LEX RUSSICA (Russian Law).
2013. ¹ 11.
P. 1204-1211.
URL: https://en.nbpublish.com/library_read_article.php?id=63446
Gruber, Joachim Provisions on cross default of loan obligationsAbstract: The so-called «cross default» of debt obligations is a standard provision on the preliminary termination of an obligation, which is used in international loan agreements. Such provisions may be applied when the debtor fails to perform his obligations to pay to the other party to the contract, thus causing doubts in his reputation as a person capable of performing obligations towards other persons. The article includes analysis of various types of provisions on cross default of loan obligations. Keywords: jurisprudence, provisions on cross default of debt obligations, financial agreements, international credit agreements, international loan agreements, standard provisions for termination of contact, banking secret.
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This article written in Russian. You can find original text of the article here . References
1. 1. Gruber Y. Polozheniya o perekrestnom neispolnenii dolgovykh obyazatel'stv v finansovykh
2. dogovorakh // Zhurnal dlya yuristov po voprosam mezhdunarodnogo biznesa, 1997. |
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